Business News Articles For Entrepreneurs & Small Business OwnersDomino’s Sees More Online and Mobile OrderingAs Domino’s Pizza celebrates its 51st year, it announced more Web-based sales following its record-breaking online orders the week after Cyber Monday. The pizza chain surpassed the 1 million mark for the first time in its history. The Los Angeles Times reports that 30% of Domino’s sales come from online orders. Pizza is going more […] Small Businesses Hope for Lower Taxes in 2012Taxes are an important part and issue in running small businesses. Advocacy groups hope Congress will pass laws to simplify compliance and to lower taxes. Such measures will help small businesses create jobs and improve the economy. Much depends, too, on the outcome of the elections in 2012. Barbara Weltman enumerated tax trends for 2012 […] Just Baked Seeks More FranchiseesJust Baked, famous for its gourmet cupcakes, recently opened its commissary in Livonia. It is nearing its target to make 2 million cupcakes this year. Not only that. With four retail stores to open in Detroit this month and 5 more middle of 2012, the company is nearing its goal of 20 stores in southeast […] Yum! Brands and Domino’s Pizza Heads Among “Best Buzzed” CEOsPizzaMarketplace.com bared the New York-based marketing agency Zeta Interactive’s list of “best buzzed” and “worst buzzed” CEOs of some of the world’s largest companies. The list was culled using a software that scanned blogs and social media sites. Yum! Brands CEO David Novak and Domino’s Pizza CEO Patrick Doyle came in No.5 and 9, respectively, […] 10 Franchise Trends for 2012Entrepreneur.com list ten franchise trends for 2012. This list is not a recommendation but is only a guide on the opportunities available should you want to own a franchise. Some franchises, like child and senior care, have been going strong for years and others franchises, like health and spa services, are just taking off. These […] Wingstop Secures $15 Million to Support FranchiseesQSRMagazine.com reports that Wingstop has been granted $15 million financing by Franchise America Finance (FAF) and The Bancorp Bank which it can use to develop new restaurants. This will be available to both new and existing franchisees said Dave Vernon, vice president of franchise sales. Wingstop, a fast-casual restaurant chain, is soon to open its 500th […] McDonald’s November Global Sales IncreaseMcDonald’s, the world’s leading global food service retailer, announced its global sales grew at least 6.5% in November. The company attributes this growth to exciting promotional food and marketing events and the variety of products in its menu. Franchise Wire reports Japan and China posted 8.1% sales increase. McDonald’s Chief Executive Officer Jim Skinner said the […] Tasti D-Lite and Planet Smoothie: A Winning CombinationQSRWeb.com reports the acquisition of Planet Smoothie by Tasti D-Lite. Tasti D-Lite is a frozen dessert chain for health-conscious consumers. In the coming months, Tasti D-Lite products will be available in some Planet Smoothie stores and vice versa. Jim Amos, CEO of Tasti D-Lite said they plan to offer new franchisees the option to own and operate […] BrightStar Care is the Fastest Growing Home Health Care FranchiseBrightStar Care, an in-home care business, caters to the all ages – from children to elderly. It was founded in 2002 and now boasts of 250 locations nationwide and $100 million net worth. It is one of the top 500 franchises in the U.S. according to Entrepreneur Magazine. Shelly Sun, CEO, cites the growing preference […] Commercial Loan Refinancing Available Says SBAMany business owners who need to refinance their commercial loans for working capital are unaware that there is an SBA program that provides funds for this purpose. The 504 Loan Refinancing Program—implemented under the Small Business Jobs Act of 2010— also allows small businesses to use excess equity to obtain working capital that can be […] Smashburger Soon to be a Smash Hit in CanadaSmashburger told QSR it is bringing its burgers, chicken sandwiches and fresh salads to Canada. This follows its first international expansion in the Middle East. “Canada is a very attractive market to us and we believe we are bringing a premium dining experience at a competitive price point to local residents” says Dave Prokupek, chairman […] Subway Offers $2 Deal to CustomersFor the month of December, Subway is offering its six-inch meatball and cold-cut subs for $2, USA Today reports. Tony Pace, marketing chief at Subway’s franchisee advertising fund, says “We’re just showing folks a little love when everyone is fretting about the economic future.” With the success of the recent Black Friday, Subway hopes to […] International Franchising Opportunities – Advice To FranchisorsMike Shattuck, president of international brands with Focus Brands, offers some advice to franchisors wanting to expand outside of the U.S. He said one has to adapt to the cultural idiosyncrasies of the target countries yet still maintain “the core essence and being of every (franchise) brand”. A franchisor also should be fully committed. Read […] Former FedEx Executive is Krispy Kreme’s New President and COOFormer FedEx officer and of ES3 LLC, Kenneth A. May, is the new president and chief operating officer of Krispy Kreme. Jim Morgan, the company’s chief executive said in a statement published in the Winston-Salem Journal, “It was critical that we seek out someone with a unique combination of big-brand experience, retail customer engagement, proficiency […] What is the Best Business to Start Now?Are you looking to start a business today? Bob Voss at AllBusiness.com advises that you study the current social trends. What target markets are rapidly and steadily growing? You should also have a competitive edge over other similar businesses. Previous experience and know-how in that industry are also advantages if you don’t want shaky surprises. […] Marriott Lodging Management, Franchising & Timeshare BusinessChairman and chief executive officer of Marriott International, J.W. Marriott, Jr., announced the spin-off of its vacation ownership business, the Marriott Vacations Worldwide, as reported at PRNewswire.com. He is optimistic about the continuous global growth of Marriott International in the hospitality industry. Marriott International had been serving guests in more than 70 countries through its […] President Obama’s Commitment to Hire VeteransFranchise.org reports that the current rate of veteran unemployment is at 12% and will drop with the signing of the Vow to Hire Heroes Act of 2011 by President Obama on November 21 at the White House. The new law encourages businesses to hire veterans by granting tax credits to these employers. The IFA thanked the […] Restaurant Chains Offer Incentives for FranchiseesRestaurant chains like Popeye, KFC, Firehouse Subs and Rally’s Burger have stepped up incentive programs to lure franchisees to take the risk and open their own businesses, as reported in the Los Angeles Times. Popeyes offers to waive its $30,000 franchise fee for new owners and lowered royalty fees from 5% of revenue to 2% for the […] Various Groups Ask Congress for More SBA FundingSeveral groups that include the banking sector and business organizations have written to Congress to ask for more funding for the Small Business Administration, reports Portfolio.com. But it seems Congress will retain the current figure of $1.4 billion compared to $2.6 billion during the same period a year earlier. The former are hoping that the lawmakers […] Wingstop Franchises – Wingstop is Expanding into MexicoWingstop franchise owners have announced in FastCasual.com that the company will be adding more than a hundred restaurants across Mexico in the next seven years. WIS Masters has started interviewing interested parties to be franchisees and targets stores in other countries in Middle East, Latin America and Central America in the coming years. Based on […] |
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